Trump Gives EU Tough Ultimatum. It's Oil Related
US President-elect Donald Trump has given the European Union a tough ultimatum.
The politician threatened all countries in the Commonwealth with serious tariffs.
He is ready to take such a step if European countries do not buy American energy resources.
I told the European Union that they must make up for their huge deficit in relations with the United States through large-scale purchases of our oil and gas, the Republican was quoted as saying by MIA Rossiya Segodnya.
If Brussels refuses, Trump said, "permanent tariffs" would follow.
Let us recall that during his first presidential term he introduced new duties on aluminum and steel.
In late 2022, tensions arose between the United States and the European Union, which at one point threatened to escalate into a trade war.
The anti-inflation law adopted in the United States led to this turn of events.
In response, Brussels imposed tariffs on American goods.
Currently, many influential European politicians fear that Trump will again raise tariffs on products from EU countries.
He has already announced that as soon as he officially takes office as president, he will increase duties on Chinese goods by 10%.
He also said that he would sign a decree introducing 25% duties on Mexican and Canadian products.
